NOT LISTED FOR SALE

408 Farragut Rd Unit 301 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $885,352 - $1,079,000

3 Beds
2 Baths
2,010 Sq Ft
$400/mo HOA Fee

Last Sold March 25, 2021

Last sale price $558,500 $278 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,052/month

79 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • Eat-In Kitchen
  • Building is beachfront but unit may not have water views
  • Elevator
  • Living Room

About This Home

As of March 2021

Each unit owner at time of acquisition of title shall pay a non-refundable contribution to working capital of the Association in an amount equal to six (6) times the amount of the most recent monthly Common Expense. As per tax assessor; An estimation of the assessments for unit 301 would be between $410,000 to $425,000. Using the 2020 Tax Rate of $1.289, this would be a range of $5,285 to $5,478. For a 3D Showcase, copy and paste the following link: https://my.matterport.com/show/?m=vWS2nFvNRsS&brand=0 Agents, please be advised we have received multiple offers on the above referenced property, and the bank is asking for all Highest & Best offers to be submitted through www.HomePath.com on/or before Thursday, February 4, 2021 at 5:30pm

Last Agent to Sell the Property

Jacqueline Andrews

Casa Bella REALTORS Listed on: 11/24/2020

Last Buyer's Agent

Douglas Wyckoff

eXp REALTY License #1005330

eXp REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,478

Year Built

  • Built in 2006

Lot Details

  • 10,019

HOA Fees

  • $400 Monthly HOA Fees

Interior Spaces

  • 2,010 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Water Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Outdoor Shower
  • Building is beachfront but unit may not have water views

Community Details

  • Elevator

Listing and Financial Details

  • Legal Lot and Block 22 C0301 / 98.02

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,478

Year Built

Built in 2006

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Beach Block
  • District Township: 15-Wildwood Crest
  • Estimated Year Built: 2006
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • CondoFeeFrequency: Monthly
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Microwave Oven, Dishwasher, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 2010
  • Other Rooms: Living Room, Eat In Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Carport, 2 Car, Assigned Parking, Concrete Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Elevator, Storage Facilities, Outside Shower
  • Condo Fees: 400
  • Unit Features: Kitchen Center Island, Wall To Wall Carpet, Tile Floors
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 22 C0301

Tax Info

  • Taxes: 5478
  • Tax Year: 2020

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Mar 23, 2021
Sold by
Fnma
Bought by
Ukshimi Florije E
Seller's Agent
Jacqueline Andrews
Casa Bella REALTORS
Buyer's Agent
Douglas Wyckoff
eXp REALTY
List Price
$594,900
Sold Price
$558,500
Premium/Discount to List
-$36,400
-6.12%
Current Estimated Value
$982,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,838
Avg. Annual Appreciation
12.74%
Original Mortgage
$418,875
Outstanding Balance
$375,726
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$606,612

Purchase Details

Listed on
Nov 24, 2020
Closed on
Mar 12, 2021
Sold by
Federal National Mortgage Assn and Fannie Mae
Bought by
Emini-Ukshini Florije
Seller's Agent
Jacqueline Andrews
Casa Bella REALTORS
Buyer's Agent
Douglas Wyckoff
eXp REALTY
List Price
$594,900
Sold Price
$558,500
Premium/Discount to List
-$36,400
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,875
Outstanding Balance
$375,726
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$606,612

Purchase Details

Closed on
Mar 7, 2017
Sold by
Aurora Financial Group Inc and Brody Robyn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 12, 2005
Sold by
Crest By The Sea Llc
Bought by
Piermani Charles J and Piermani Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
2.77%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ukshimi Florije E $558,500 Misc Company
Emini-Ukshini Florije $558,500 Fortune Title
Emini-Ukshini Florije $558,500 Fortune Title
Federal National Mortgage Association $447,329 None Available
Piermani Charles J $655,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ukshimi Florije E $418,875
Closed Emini-Ukshini Florije $418,875
Previous Owner Piermani Charles J $524,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2021 03/25/21 Sold $558,500 -6.1% $278 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $594,900 -- $296 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,815 $407,500 $175,000 $232,500
2024 $5,815 $407,500 $175,000 $232,500
2023 $5,729 $407,500 $175,000 $232,500
2022 $5,566 $407,500 $175,000 $232,500
2021 $5,403 $199,400 $175,000 $24,400
2020 $2,570 $199,400 $175,000 $24,400
2019 $2,550 $199,400 $175,000 $24,400
2018 $2,508 $199,400 $175,000 $24,400
2017 $2,459 $199,400 $175,000 $24,400
2016 $2,381 $199,400 $175,000 $24,400
2015 $2,345 $199,400 $175,000 $24,400
2014 $2,293 $199,400 $175,000 $24,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jacqueline Andrews

    Casa Bella REALTORS

    (609) 601-1009

    7 in this area

    27 Total Sales

    Jacqueline Andrews
    Section Image

  • D

    Buyer's Agent in 2021

    Douglas Wyckoff

    eXp REALTY

    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 204566

Cape May County Association of REALTORS®

APN: 15-00098-02-00022-0000-C0301

New Jersey Cape May County Wildwood 08260 The Wildwoods

408 Farragut Rd Unit 301, Wildwood, NJ

Not Listed for Sale

Condos

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